The “SME Development Facility of Moldova” Project, funded by the Federal German Ministry for Economic Cooperation and Development (BMZ) and managed by KfW Development Bank, aims to support the Republic of Moldova’s political and economic transformation goals. The Project promotes private sector development and strengthens access to finance for Micro, Small and Medium-sized Enterprises (MSMEs) which is a key priority for Moldova.

Participating banks from the Republic of Moldova selected by the Organization for Entrepreneurship Development (ODA).

Micro, small and medium sized enterprises registered the Republic of Moldova.

The Project’s flagship component, the “FACEM IMPACT” Financing Product, is a dedicated MSME lending mechanism through Partner Financial Entities, developed within the framework of the Project.

Through the product:

• Banks (Partner Financial Entities) provide long-term, fixed interest rate investment loans (including green investments) under favourable conditions;
• MSMEs gain access to financing for projects, including those with high job creation potential.

Special attention is given to women-owned and/or led businesses, supporting inclusive economic growth in Moldova.

• At least 100 investment loans disbursed to MSMEs operating in the Republic of Moldova;
• At least 200 new jobs are created;
• Approximately MDL 220 million total value of investments are carried out by the beneficiary MSMEs;
• At least 20% of investment loans disbursed are allocated to MSMEs owned and/or led by women.

German Federal Ministry for Economic Cooperation and Development (BMZ) through KfW Development Bank

Frankfurt School of Finance and Management